KPI Green Energy secures LOI for 33.6/76.6 MW wind-solar hybrid project
KPI Green Energy received a Letter of Intent for a 33.6/76.6 MW DC Wind-Solar Hybrid Project. The project is to be completed within 14 months. The project carries a 25-year term starting from the commencement date.
KPI Green Energy Plans Expansion Into BESS, Energy Trading, Green Hydrogen, Floating Solar, Offshore Wind, and Pump Storage Projects
KPI Green Energy has outlined plans to grow by exploring six key areas: Battery Energy Storage Systems (BESS), energy trading, green hydrogen projects, floating solar, offshore wind, and pump storage projects. The strategy reflects a broad diversification across both renewable energy generation and storage technologies. This multi-segment approach positions the company across several emerging and established segments of India's clean energy sector.
KPI Green Energy Subsidiary Secures 96 MWp Solar Project from Aditya Birla Renewables
KPI Green Energy's subsidiary, KPIG Energia Private Limited, has been awarded a 64 MWac/96 MWp Solar Balance of System (BoS) Power Plant project in Mahua, Gujarat by Aditya Birla Renewables Limited. The project involves comprehensive development from design to commissioning. This aligns with KPI Green Energy's goal of achieving 10 GW capacity by 2030. Additionally, the company received a provisional CRISIL AA+ (CE) / Stable rating for its proposed Green Bonds worth up to ₹700.00 crore.
06Aug 25
KPI Green Energy Secures 96 MWp Solar Project from Aditya Birla Renewables, Receives AA+ Rating for Green Bonds
KPI Green Energy's subsidiary, KPIG Energia, has been awarded a 64 MWac / 96 MWp Solar Balance of System Power Plant project in Gujarat by Aditya Birla Renewables. The project includes comprehensive development from design to commissioning. Additionally, CRISIL Ratings has assigned a Provisional AA+ (CE) / Stable rating to KPI Green Energy's proposed Green Bonds worth up to ₹700 crore. These developments align with the company's goal of achieving 10 GW capacity by 2030 and strengthen its position in the renewable energy sector.
05Aug 25
KPI Green Energy Achieves Record Q1 Results, Declares Dividend and Approves ₹700 Crore Green Bond Issuance
KPI Green Energy achieved record-breaking revenue for the fifth consecutive quarter in Q1. Total revenue increased by 75% YoY to ₹614.12 crore, while Profit After Tax grew 68% to ₹111.32 crore. The company secured a 150 MW wind power project LOI from GUVNL and signed MoUs with Delta Electronics for various clean energy initiatives. Its subsidiary received orders for solar projects totaling 136.87 MW. The board declared an interim dividend and approved raising up to ₹700 crore through GREEN BONDS.
05Aug 25
KPI Green Energy Reports 57% Surge in Q1 Profit, Approves ₹700 Crore Green Bond Issuance
KPI Green Energy Limited announced impressive Q1 results with a 68% increase in net profit to ₹111.32 crore and a 75% rise in revenue to ₹614.12 crore. The company's board approved raising up to ₹700 crore through Green Bonds and declared a 4% interim dividend. KPI secured new projects including a 150 MW wind power project and a 100 MW solar power project. The company's adoption of IBM Maximo Renewables for digital asset management was highlighted in a global case study.
02Aug 25
KPI Green Energy Secures Charging Approval for 76.22 MW Solar and Wind-Solar Hybrid Projects
KPI Green Energy Limited has received charging/energization approval for 76.22 MW of Solar and Wind-Solar Hybrid power projects under its Captive Power Producer (CPP) segment. The projects were developed for clients of KPI Green Energy and its subsidiary, Sun Drops Energia Private Limited. The company has disclosed this information in compliance with SEBI regulations. Additionally, KPI Green Energy has scheduled an earnings conference call on August 6 to discuss its Q1 financial results with investors and analysts.
16Jul 25
KPI Green Energy Secures 150MW Wind Power Project, CMD Projects 60-70% Order Inflow Increase
KPI Green Energy Limited (KPIGEL) received a Letter of Intent from GUVNL for a 150MW grid-connected Wind Power Project. The project aligns with the company's goal of achieving 10GW capacity by 2030. Additionally, the company's CMD projects a 60-70% increase in order inflow over the next 9 months, indicating potential growth and a positive business outlook.
15Jul 25
KPI Green Energy Secures 150 MW Wind Power Project LOI from GUVNL
KPI Green Energy Limited has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 150MW wind power project in Gujarat. The company won this LOI through a competitive bidding process. KPI Green is set to execute a Power Purchase Agreement (PPA) with GUVNL, pending approval from the Gujarat Electricity Regulatory Commission (GERC). This project significantly expands KPI Green's renewable energy portfolio and demonstrates the company's technical expertise in sustainable energy solutions.